Category: FINANCE

Asian stocks fell, with the regional gauge heading for a fourth weekly decline, after Federal Reserve Chair Janet Yellen signaled the U.S. central bank is close to raising ... than five points short. Hong Kong’s Hang Seng Index rose for the first time ... ( read original story ...)

Pang expects the company will likely follow the correction path of the Hang Seng. Tencent’s drop helped to drag down an index tracking Hong Kong-listed technology companies ... sell its unit in Lebanon to Blom Bank SAL, in an effort to cut back its ... ( read original story ...)

HONG KONG (Reuters) - HSBC Holdings Plc on Thursday launched its private banking services in Australia, as part of its plans to expand business presence in the Asia Pacific region. The bank will offer private banking services to Australian clients ... ( read original story ...)

SHANGHAI: Hong Kong stocks slipped in thin trading on Wednesday, with gains erased late in the day as financial shares dropped and real estate shares fell for a fourth straight day on fears of rising interest rates. The benchmark Hang Seng index lost 0.2 ... ( read original story ...)

The Hang Seng Index now rests just above the 22,320-point ... Ping An perked 1.24 percent, Hong Kong & China Gas advanced 0.98 percent, Bank of China collected 0.89 percent, Sands China fell 0.87 percent, China Petroleum and Chemical (Sinopec) added ... ( read original story ...)

Given the Hong Kong currency peg, there will be an important direct impact on domestic competitiveness, which will act as an important drag on the economy. The Hang Seng index opened significantly higher and remained in positive territory into the session ... ( read original story ...)

Hong Kong stocks rose for a second day as concern about the impact of a Donald Trump administration eased and Premier Li Keqiang talked up the Chinese economy. Oil companies advanced. The Hang Seng Index gained 0.5 percent as of 1:21 p.m. local time. ( read original story ...)

Last week, Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan said that the banking regulator received applications from two banks to test emerging biometric technologies under a new regulatory regime, according to a report in Reuters. ( read original story ...)

HONG KONG Credit Suisse has hired former RBS banker Rick Meng as head of China onshore private banking, according to an internal memo, as the Swiss private bank looks to tap the wealth management business in the world's second-largest economy. Credit ... ( read original story ...)

Hong Kong stocks rose from a three-month low ... The Hang Seng Index last traded at 22,324.62, while the Hang Seng China Enterprises Index advanced 0.7 percent. China Construction Bank added 1.5 percent after falling to a three-month low on Monday. ( read original story ...)

China Construction Bank rose 1.3% to HK$5.53 and Bank of Communications ... head of research at Core Pacific-Yamaichi International in Hong Kong. While the Hang Seng Index is likely to close higher on Tuesday, the market may lose steam in coming days ... ( read original story ...)

Given caution surrounding regional equity markets and concerns over the impact of a stronger US currency, the Hang Seng index gained some net support ... which provided some net support to the Hong Kong market. There were underlying concerns surrounding ... ( read original story ...)

... to close higher on Tuesday as the US dollar retreated from recent highs and the Shenzhen Hong Kong Stock Connect prepared for its debut. The Hang Seng Index ended the day up 0.46 per cent or 101.69 points at 22,323.91 while the Hang Seng China ... ( read original story ...)

The benchmark Hang Seng index added 0.4 percent, to 22,314.62 points, while the Hong Kong China Enterprises Index gained 0.5 ... Data released on Morning showed that China's central bank sold less foreign exchange in October than an eight-month high ... ( read original story ...)